Summary - HORDEN LABOUR CLUB, SUNDERLAND ROAD SR8 4PF
2 bed 1 bath Retail Property (high street)
High-yield opportunity with trading club, flat and garage in Peterlee.
Huge mixed-use property over 5,000 sq ft, offered whole or in lots
A substantial mixed-use high street property in Peterlee, offered whole or in separate lots, ideal for asset managers or investors seeking immediate rental income and operating trade. The ground-floor bar/social club and first-floor nightclub are recently refurbished and presented as a trading concern; both generate strong let-or-operational potential subject to licensing and trading checks. A self-contained two-bedroom flat (refurbished 2023) can be sold vacant or let at around £500 pcm, and a large rear garage/industrial unit suitable for 10–12 cars offers additional income or storage value.
The site extends to over 5,000 sq ft in total: ground-floor bar (c.1,131 sq ft) with lounge, pool room, WC facilities and beer garden; first-floor nightclub (c.3,265 sq ft) with main dance room, stage, DJ booth and bars; plus flat (c.828 sq ft) and separate garage unit. Recent refurbishments mean much of the trading space is in attractive condition, reducing immediate capital expenditure for fit-out. The asking price has been reduced and the main bar/nightclub is offered with fixtures and fittings by negotiation.
Material considerations: the property sits in a very deprived area with local classifications indicating hard-pressed rented terraces and social renting — this affects long-term demographic demand and may influence borrowing or grant eligibility. Tenure is listed as unknown and prospective purchasers must verify title, licences, planning history and any restrictive covenants. Noise, late-night activity and licensing obligations are inherent to the uses; operating costs, security and management should be factored into income projections.
This asset suits operators wanting a ready-made trading club/nightclub, an investor seeking multi-income streams, or a buyer prepared to reconfigure space. The property’s size and separate units offer flexibility: retain trading operations, let the flat and garage, or redevelop parts subject to approvals. Undertake full due diligence on licences, asbestos surveys, service records and local planning before committing.
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